Wide receiver Sammy Watkins is staying with the Kansas City Chiefs after agreeing to restructure his contract, a source confirmed to ESPN.

The source said Watkins' new deal has a maximum value of $16 million, including $7 million in incentives, and contains a no-trade clause.

The move creates $5 million in salary-cap space for the Chiefs, according to Yahoo Sports, which first reported the restructured contract.

The Super Bowl champions were down to $171 in cap space prior to the new agreement.

The move keeps the Chiefs' top four receivers from 2019 together for next season that includes Watkins, Tyreek Hill, Demarcus Robinson, and Mecole Hardman.

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